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Gloomy outlook for global recovery, World Economic Forum survey finds

Global Business Magazine January 11, 2022

Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of Read More

Business Finance News World

Stocks rebound as traders buy back in before Fed testimony

Global Business Magazine January 11, 2022

Global stocks recovered some of their recent losses on Tuesday and government bond yields retreated as investors bought back into riskier assets Read More

Business Economy News World

Oil rises to $82 as demand recovery seen on track

Global Business Magazine January 11, 2022

Oil rose to around $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of Read More

Business Economy News World

Several Asian refiners to receive full Saudi crude allocation in February -sources

Global Business Magazine January 11, 2022

Saudi Aramco (2222.SE) has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, Read More

Business Finance News

Most Gulf bourses gain; Abu Dhabi extends losses

Global Business Magazine January 10, 2022

Most stock markets in the Gulf ended higher on Monday, with crude prices holding on to recent gains as supply disruptions in Read More

Business Economy News World

Natural disasters cost insurers $120 billion in 2021, Munich Re says

Global Business Magazine January 10, 2022

Marked by devastating hurricanes and cold snaps in the United States, 2021 proved the second-most costly year on record for the world's insurers, Read More

Business Economy News World

Analysis: Argentina’s strategy toward IMF deal hits a wall of doubt

Global Business Magazine January 10, 2022

Argentina's insistence on its deficit spending plan is putting it on a fresh collision course with the International Monetary Fund, though analysts Read More